I would greatly appreciate your input on this matter.Here is my setupPurchased property under a TrustLLC in FL owns the TrustHolding company LLC in WY owns LLC in FLI purchased the property sub-to, took over the seller's mortgage and I’m working on setting up insurance for the property.I understand I need to keep the seller as additionally insured in my insurance, but the seller no longer has "interest" (ownership) either in the Trust, nor any of the LLCs nor in the Deed nor Settlement Statement.

A lot of people are turning to real estate investing as a "way out" but they don't understand how long that runway is.

I hope this message find you all well.I am starting in the real estate world and I have my LLC and two renting homes.

., appliances, fixtures, landscaping) into shorter depreciation categories (5, 7, or 15 years) rather than the standard 27.5 or 39 years for real estate.2.

Just hoping to get some opinions real quick......I live in a gated Lake community in California... 

Remember to trust but verify all information you receive, that includes me lol.here's a link but please do a deeper dive. https://www.state-contractors-board.com/michigan/

Hey @George TurnerMy opinion may be biased, but I don’t see a reason not to go with your realtor’s rec if you trust them.

Quote from @Suzette Rodriguez: Now that elections are over how will the new president in office effect the real estate market?

In 2017, we want to try to qualify my husband as a Real Estate Professional.

Lived in upstairs unit for 3 years, then rented both units out for the next 12 or so years Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?